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Pantoro Ltd.
Summary
| Project: | Halls Creek | |
|---|---|---|
| Deposit: | Mary River | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/31/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-10-2019: Pantoro Ltd. announces an Exploration/Drilling Update report for its Mary River deposit at the Halls Creek project. Drilling results incl. 14.0m @ 1.23g/t Au from 20.0m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to advise that follow up d | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to advise that follow up drilling at the Mary River Gold Project has identified consistent low grade gold mineralisation over 450 metres of strike and remains open in all directions. Drilling was undertaken around the historic Reform mine located approximately 20 km SSE of the Nicolsons gold project. The seven hole program which included five diamond drill holes and two RC holes has confirmed the potential for a large low grade gold system. The drilling is central to the historic Mary River gold field which is approximately 15 km along strike with numerous workings excavated during the 1880’s Halls Creek gold rush. The entire field has had limited modern exploration with only three RC exploration drill holes prior to the work commenced by Pantoro in 2018. The latest drilling was following up on the maiden program undertaken during 2018 which was designed to collect stratigraphic information relating to the project scale geology of the prospects. The 2018 program which was released to the ASX in an announcement on 7 August 2018 titled “Initial Results from Mary River Gold Project Drilling” returned encouraging results | |
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